diff --git a/tools/packaging/projects/reference/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj b/tools/packaging/projects/reference/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
index 027a802830d..e7b2320b664 100644
--- a/tools/packaging/projects/reference/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
+++ b/tools/packaging/projects/reference/Microsoft.PowerShell.Commands.Utility/Microsoft.PowerShell.Commands.Utility.csproj
@@ -13,7 +13,7 @@
     </Reference>
   </ItemGroup>
   <ItemGroup>
-    <PackageReference Include="Newtonsoft.Json" Version="13.0.1" />
+    <PackageReference Include="Newtonsoft.Json" Version="13.0.3" />
     <PackageReference Include="System.Security.AccessControl" Version="6.0.2-mauipre.1.22102.15" />
     <PackageReference Include="Microsoft.PowerShell.MarkdownRender" Version="7.2.0" />
   </ItemGroup>